Why It’s Time to Disrupt Old Business Models

March 14, 2014 Editor 0

An article on the  GreenBiz website notes that it’s a hard sell to convince a CEO to change a business model based on threats or opportunities that have not yet materialized. Innovation, therefore, often remains piecemeal or incremental, rather than transformational, fundamental and system-wide. But as global trends — environmental, social, political, technological — continue to shift the foundations of our current business models, incremental innovation will become less and less effective in enabling companies, industries and whole economies to adapt and succeed.

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Categories: Open Innovation

Tags: economics, Innovation